I'm confused. Both UOB bank and Tomei selling Maple Leaf gold coin but the price so much different. Happen to pass by Tomei and saw the rate 999 was RM175/gram. Asked the salesman and was quoted Maple Leaf gold coin 1 oz about RM5.4k (RM175 x 31.1). Checked UOB website bank selling the same coin for RM4,580.

Question is why should we buy from Tomei if the price difference is so huge at about RM900 (RM5.4k - RM4.5k)? Any difference in design?

Comparison Between 5 Gold Investment Accounts on 1st page of tis thread 

V1 is not available anymore.. deleted by MOD

There will be a free seminar at Sin Chew about gold as hedge against inflation..no fee, there will be Q & A session with the founder and you can participate in it.

You can register  at https://publicgold.com.my/v1/reservation/index.php for free ticket. You can pm me if wanna put me as your introducer's name or leave it blank. Tq

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Maybank Gold Investment Account
DATE  SELLING (RM/g)  BUYING (RM/g)
8-Nov-16  177.15  169.82
Last update :  08-Nov-16 at 08:31:21 AM

refer to maybank paper gold price today.

It seems the price stay at this range since aug 2016.

shoud sell or buy?

Alright, thanks for the info

Any advices on whether to go for Maybank or PBB GIA? From the current published rate, looks like PBB is having a smaller gap between the buying/selling price. Is this a good indication to choose them?

Thanks

Hey folks, need some advice. I was talking to my mother last night and she told me my aunt invested in some gold recently. I didn't get the name of the company doing this but I will check more on this later.  This gold investment scheme doesn't offer physical gold.  It's more like price increase, the profit is banked directly to the investor's account. I am a bit sceptical about this. As far as I know, gold investors will get physical gold isn't?

She said my aunt has invested 25k on this gold and has received profit of 4k.  Not sure how long is the investment  but don't think it was that long ago, maybe 1-3 mths.  Not sure if this is accumulative amount over the period of investment or if she has striked it big one time. My mom also invested 2k and she said has received about RM100++ profit.  I told her to be careful before making any investment as she sounded very excited.

So my question - Does this sound legit? I will try to find out name of company.